Tag: News

Why is crypto down today? BTC, ETH, XRP, in red

The crypto market cap is trending lower this Wednesday, as traders continue to lock in profits following a rally fueled by Bitcoin’s recent all-time high. With widespread sell-offs across all major cryptocurrencies, this raises a critical question: Is this just…...
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MoonPay launches Solana staking with up to 8.49% APY

MoonPay has rolled out SOL staking in its app, joining a growing wave of platforms expanding access to Solana staking yields amid rising demand. MoonPay has launched its new Solana (SOL) staking feature within its app, offering users the ability…...
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Ethereum Demand Surges 32x Beyond Supply: Bitwise Predicts Price Explosion

Ethereum’s recent price rally is being fueled by a significant structural shift in demand, according to a recent investor note from Bitwise Chief Investment Officer Matt Hougan. Since May 15, a surge in buying activity from exchange-traded funds (ETFs) and corporations has resulted in the acquisition of nearly 2.83...
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Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

New statistical evidence has emerged, suggesting that bitcoin’s (BTC) market dynamics are now intricately linked to the ebb and flow on Wall Street. Recently, the 90-day correlation coefficient between bitcoin’s 30-day implied volatility indices – Volmex’s BVIV and Deribit’s DVOL – and the S&P 500 VIX hit a record...
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Cathie Wood’s Ark Invest Mulling ‘Purpose-Built’ Ethereum Investment Tools, Says Analyst After Firm Buys $180 Million Stake In Tom Lee-Led ETH Treasury Company

Cathie Wood-led Ark Invest is betting on the transformative potential of smart contract Layer-1 tokens like Ethereum (CRYPTO: ETH) in decentralized finance, the company’s leading cryptocurrency analyst said on Wednesday. What Happened: Lorenzo Valiente, Director of Research at Ark, described smart contract Layer-1 tokens as a “distinct and transformative asset...
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